Business

RoK tops Dong Nai’s footwear importers

The Republic of Korea (RoK) is the largest market for footwear exported from the southern province of Dong Nai, with a turnover of 478 million USD during the first ten months of this year.
The Republic of Korea (RoK) is the largest market for footwear exportedfrom the southern province of Dong Nai, with a turnover of 478million USD during the first ten months of this year.

The ROKwas followed by the US with 381 million USD, and Taiwan with 183million USD in export turnover, according to Director of the provincialDepartment of Industry and Trade Le Van Danh.

He also saidexports to the RoK will continue to increase in the future as theVietnam- Korea Free Trade Agreement will take effect in 2015.

During the 10-month period, the province generated more than 1.7 billionUSD from footwear export, up by 13.3 percent year-on-year.

Currently, businesses from France, New Zealand, Hong Kong, and Taiwanplan to increase their imports number of products from Vietnam, such asgarments, construction materials, sanitation equipment, and food, Danhsaid, adding this is a good chance for local businesses to boostexports to these markets.-VNA
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